Bank failure · CA

Gold River Sb (Fair Oaks, CA) — failed September 27, 1991

Gold River Sb of Fair Oaks, California was closed on September 27, 1991 and resolved through a purchase and assumption. El Dorado Sb (CA) took over its insured deposits. At failure it held $24.1M in assets and $21.9M in deposits. The FDIC's estimated loss on the failure is $2.1M (8.7% of assets).